Meghna Petroleum Dividends and Buybacks
Dividend criteria checks 5/6
Meghna Petroleum is a dividend paying company with a current yield of 7.33% that is well covered by earnings. Next payment date is on 3rd March, 2025 with an ex-dividend date of 17th December, 2024.
Key information
7.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.1% |
| Next dividend pay date | 03 Mar 25 |
| Ex dividend date | 17 Dec 24 |
| Dividend per share | ৳16.000 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MPETROLEUM's dividends per share have been stable in the past 10 years.
Growing Dividend: MPETROLEUM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Meghna Petroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MPETROLEUM) | 7.3% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Oil and Gas) | 5.5% |
| Analyst forecast (MPETROLEUM) (up to 3 years) | n/a |
Notable Dividend: MPETROLEUM's dividend (7.33%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: MPETROLEUM's dividend (7.33%) is in the top 25% of dividend payers in the BD market (4.46%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), MPETROLEUM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MPETROLEUM is paying a dividend but the company has no free cash flows.